Thursday, March 1, 2018

Lax World CEO files for Chapter 7 bankruptcy protection

Lax World CEO Frank Barbarino filed for voluntary Chapter 7 bankruptcy protection last month, the latest development in the saga of the troubled lacrosse retailer. Barbarino listed liabilities between $1 million and $10 million in a Feb. 11 filing in the U.S. Bankruptcy Court for the District of Maryland. He also listed assets of between $500,000 and $1 million. The former Jos. A. Bank senior vice president and general merchandise manager led the group that bought Lax World in 2013. Robert “Bobby"…



from https://www.bizjournals.com/baltimore/news/2018/03/01/lax-world-ceo-files-for-chapter-7-bankruptcy.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/171420036207

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